Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows.

		Cutting Department
Production DataJuly		T12-Tables
Work in process units, July 1		0
Units started into production		22,200
Work in process units, July 31		3,330
Work in process percent complete		60
Cost DataJuly
Work in process, July 1		$0
Materials		421,800
Labor		260,184
Overhead		115,440
Total		$797,424

Compute the physical units of production.

		T12 Tables
Units to be accounted for

Compute equivalent units of production for materials and for conversion costs.

		Materials		Conversion Costs
T12 Tables

Determine the unit costs of production.

		Materials		Conversion Costs		Total Costs
Unit costs-T12 Tables		$		$		$